By Staff Reporters
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This week the stock market was the opposite of a snoozefest, as economic data sent markets swinging wildly in both directions. The Dow closed higher for the week, but the S&P and NASDAQ closed in the red.
After another bad day as Tesla shares have now fallen 50% below their peak.
The Fed is investigating trades made by Atlanta Fed President Raphael Bostic during restricted periods, rekindling a controversy that has dogged the central bank. Bostic said that the trades were made by third-party managers and were not directed by him.
Trevor Milton, the founder and former CEO of electric automaker Nikola, was found guilty of fraud for lying to investors about the business.
Beyond Meat is cutting about 20% of its workforce, and its COO is leaving the company.
Decentraland, a metaverse company that sells virtual real estate, has just 8,000 daily users despite being valued at $1.2 billion.
BUSINESS MEDICINE: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283
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Filed under: Alerts Sign-Up, Alternative Investments, Investing, LifeStyle, Research & Development | Tagged: Beyond Meat and Decentraland VR, FOMC, markets, Nikola, Tesla, virtual reality, VR |
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